#Hoge finance coin chart update

The assumption amongst community members is that this is because the upcoming NFT marketplace will take its place – although this is currently just speculation.

#Hoge finance coin chart update

There isn’t much activity on the platform, with the last update coming in August 2021. Although it will not be directly competing with the best NFT marketplaces, releasing a dedicated Hoge NFT marketplace will undoubtedly create another reason to hold Hoge coin.Īt present, Hoge Finance does have a dedicated website called HogeMint that acts as the minting platform for Hoge Finance NFT drops. Details are scarce on when the marketplace will launch and what features it will contain, although this plan has generated a lot of buzz amongst community members. However, the Hoge Finance whitepaper does mention further collections that are set to be released in the future.Īnother plan that is in the works is the Hoge NFT Marketplace. For people looking to invest in NFTs, this collection could provide another avenue to generate returns since it only contains five digital assets at present. Relating this to Hoge coin, this is certainly something that the project has struggled with, although there do seem to be a few areas of improvement recently.įirstly, Hoge has entered the NFT space by releasing its own collection, dubbed ‘HOGE Moments’. This facet helps drive investor demand and is key to long-term success.

The majority of the best altcoins all have one thing in common – real-world utility. After hitting a high of $0.00078, the HOGE price immediately plummets and has lost over 93% of its value.īuy HOGE Now Hoge Coin Price Prediction 2023.The HOGE price skyrockets in September 2021, generating returns of 913% for investors in just a few weeks.Price retreats after hitting a high in May 2021 and gradually descends throughout the year.Listed on exchanges during Q2 2021 and immediately surged by 223%.Once again, this high was only fleeting, and HOGE descended aggressively.īefore we move on to our Hoge coin price prediction, let’s summarize the key events in HOGE’s lifespan: However, the Hoge crypto price skyrocketed in late 2021, returning over 910% between September and October. This high was short-lived, with the Hoge coin price decreasing over the following six months. Within two weeks of launching, HOGE’s price had surged an impressive 223%, hitting a high of $0.00052. Hoge coin was first launched on a cryptocurrency exchange back in May 2021, although it is now available on exchanges such as Uniswap, PancakeSwap, and Gate.io. This is one of the most appealing aspects of Hoge coin, as it implies that the developers were not in the project to make a quick buck. Notably, the development team did not receive a token allocation at launch, instead opting to purchase their tokens on the open market. Like most cryptocurrencies, HOGE is entirely decentralized and owned by community members. Hoge coin takes the opposite approach since the token’s supply will gradually decrease, making the remaining tokens scarce and more valuable. Those who buy Dogecoin will know that DOGE falls into the latter category since the token’s total supply can increase through mining. This process makes Hoge coin ‘deflationary’ rather than ‘inflationary’. Half of this tax income is distributed back to token holders, whilst the other half is burned forever. The primary mechanism that helps HOGE achieve this is a 2% tax on every transaction. As detailed in the Hoge Finance whitepaper, HOGE is an ERC-20 token hosted on the Ethereum blockchain that implements unique tokenomics to incentivize holders not to sell.